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GBP/USD Technical Outlook – May 18th

posted by Avatar forexalliancecom 9 days ago in GBP, Technical, Daily made popular 9 days ago

Plunging through 1.5900 in yesterday’s session, the British pound is now likely to move towards support at 1.5648 or the 61.8% fib level from 1.5241-1.6300 rise. The break below the aforementioned round figure barrier remains significant for the read more
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Forex Outlook 05/18/2012

posted by Avatar fxmylife 9 days ago in USD, CAD, Daily made popular 9 days ago

It is big events for forex market May 18, 2012 read more
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Playing the EUR/CAD Downtrend

posted by Avatar EJSuratos 9 days ago in EUR, CAD, Special made popular 9 days ago

Good morning forex friends! I've decided to close out this trading week by dipping into an arena I'm not too familiar with: currency crosses! Even though it's not in my usual bag of pairs to watch, I think EUR/CAD is a simple play both fundamenta read more
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EUR/USD holding up pretty well despite risk slide

posted by Avatar forexanalysis 9 days ago in EUR, Commodities made popular 9 days ago

Oil has turned negative on the day, stocks are down 0.75% on the session and US yields are approaching modern era lows with 10s at 1.73%... We've got a clear risk-off scenario but EUR/USD is 50 pips above earlier lows. Unwinding of EUR/GBP shorts and ... read more
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USD/CAD prints new 4 month high at 1.0178

posted by Avatar Ving 9 days ago in USD, CAD made popular 9 days ago

The leading indicators index and the Philadelphia Fed manufacturing index came out worse than expected, falling by 0.1% and reaching -5.8 (instead of 0.1% and 10), respectively. Initial and continuing jobless claims increased to 370K and 3.265M, ... read more
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Facebook's Prospects In Asia

posted by Avatar rosales 9 days ago in Economic Indicators made popular 9 days ago

The benefits of addressing the Japanese market, whose population is less than half the one of the US (128 million people), are: (1) A high GDP/capita (2) Very good IT infrastructure (actually, far better than the US, according to Akamai). read more
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USD/CHF trades at 0.9434

posted by Avatar alexandria 9 days ago in CHF made popular 9 days ago

The greenback has been sliding by 0.13% against the Swiss franc during the early hours of the European trading session and ahead of the release of US economic indicators. The cross is now floating close to the four-month high ... read more
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MCX copper and Nickel trading tips, Crude oil tips for toda

posted by Avatar mmfssbm 10 days ago in Technical, Fundamental made popular 9 days ago

That is why it is bounce in crude oil. MCX base metals have accelerated in today. MCX to see the strength of the base metals are in the 0.5-1 per cent. Copper Jun below buy 421 targets 428, stop loss 418.Get more trading tips read more
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Asian Market Update: Markets given a boost on US commitment to easing; Japan ...

posted by Avatar HousingMarket 10 days ago in USD, EUR made popular 9 days ago

EUR/USD gained in the session testing $1.2750. Funds continue to flow out of Greek banks and there has been some reports that the ECB is not providing funding to Greek banks, however only Australia remained in negative territory. read more
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USD/JPY Forecast May 17, 2012, Technical Analysis

posted by Avatar FXEmpire 10 days ago in USD, JPY, Technical made popular 9 days ago

The USD/JPY pair rose during most of the session on Wednesday as the pair continues to find support in the 80 “area”. However, the daily candle looks like a shooting star, and as a result it looks like the pair isn’t quite ready to take off yet. read more
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Binary Options Daily Setup May 17th 2012

posted by Avatar bocrunch 10 days ago in USD, Daily, Employment made popular 10 days ago

Today, Thursday, May 17th produces 4 new trading events. These events provide excellent trading opportunities for binary options traders. The U.S. Unemployment Claims today, will probably have an effect on the USD/JPY. read more
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Pound Falls as UK Economy Threatened by Europe’s Crisis

posted by Avatar commodityblog 10 days ago in USD, GBP, Fundamental made popular 10 days ago

The Great Britain pound slumped today after the Bank of England trimmed its growth forecast as the crisis in Europe escalates. Positive employment data did not manage to help the weakening currency. read more